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Tui highlights Manchester disruption following failure to turn spring profit

Operators
James Chapple
10 August 2022

Tui Group believes it would have turned a spring profit and posted its first profitable quarter since the start of the pandemic had it not been for the disruption to UK air travel earlier this year, particularly at Manchester airport.

The company has cancelled holidays up to and including 11 September

The company carried 3.3 million guests in the first quarter of 2023

In a third-quarter trading update (three months to 30 June) on Wednesday (10 August), the group said had it not been for the issues that blighted operations at MAN following the lifting of Covid restrictions in March, it would have posted underlying group Ebit (earnings before tax and interest) of €48 million.


However, the group attributed a €75 million impairment to the impact of additional flight disruption and irregularities, "particularly in British air traffic".


Tui said its spring programme experienced "roughly 200" flight cancellations, less than 1% of its entire programme, "mainly relating to departures from Manchester airport".